Comparable sales & offer analysis
Parcel NM-163206
Colfax County, NM · 14.79 ac · Unzoned · Dirt · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$21,500
Adjusted value
$32,205
Value range
$29,580–$34,831
Comp $/acre
$2,178/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -33.2% versus the adjusted value.
Offer position
Max allowable offer
$18,403
Offer $/acre
$1,244/ac
Projected profit
$9,662
Annualized ROI
+69.2%
Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.
Comparable sales
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Match |
|---|---|---|---|---|---|---|
| NM-953673 | 20.8 | Jul 27, 2026 | $65,700 | 3,165 | 2,420 | 76 |
| NM-641644 | 4.8 | Jul 27, 2026 | $6,200 | 1,291 | 2,178 | 72 |
| NM-481915 | 5.8 | Jun 28, 2025 | $12,800 | 2,210 | 2,166 | 67 |
| NM-641823 | 5.4 | Jul 27, 2026 | $7,500 | 1,382 | 1,854 | 66 |
| NM-862539 | 9.1 | May 27, 2025 | $14,600 | 1,602 | 2,327 | 65 |
| NM-493808 | 22.9 | Jul 18, 2024 | $26,400 | 1,156 | 1,912 | 62 |
| NM-354749 | 45.2 | Nov 16, 2024 | $63,600 | 1,406 | 2,211 | 60 |
| NM-362073 | 6.5 | Jun 29, 2025 | $12,400 | 1,900 | 2,313 | 59 |
| NM-304723 | 44.4 | Mar 28, 2025 | $74,000 | 1,667 | 2,182 | 55 |
Prepared with LandPilot. Values are model estimates derived from recorded sales and procedural market data, not an appraisal. Verify title, access and zoning independently before contracting.